Tax and SARS knowledge base
How do I complete the SARS DA 162 biodiesel account?
What records must a biodiesel manufacturer reconcile before submitting DA 162?
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Direct answer
DA 162 is the product account used for the relevant biodiesel manufacturing activity. Complete it from the licensed premises' production, receipt, stock, removal and duty or levy records for the exact accounting period.
Quantities must balance through the movement equation. Differences require an explanation and, where applicable, the correct treatment for losses, rebates or non-duty-paid removals.
What this means in practice
Use consistent units of measure and documented conversion factors from feedstock through finished biodiesel. Small unit errors can become material over a full period.
Separate physical production data from financial invoices, then reconcile both.
Step-by-step
- Confirm the licence, premises, accounting period and current DA 162 version.
- Record opening stock and receipts by required category.
- Capture production and approved conversion information.
- Record removals by duty status and destination.
- Account for closing stock, losses and adjustments.
- Reconcile physical quantities and the excise ledger.
- Calculate the applicable liability using current rates.
- Approve, submit and retain payment evidence.
Documents and records to keep
- Biodiesel licence and premises details.
- Feedstock and production logs.
- Tank measurements and stock sheets.
- Removal documents and invoices.
- DA 162, liability calculation and payment.
Important limits and exceptions
Do not treat an unexplained production loss as automatically allowable.
Use the rate and form version effective for the accounting period, not the date on which the account is prepared.
When to get tailored advice
Get excise advice for blending, contract manufacture, denaturing, abnormal losses or movements between licensed premises.